Electrical Contracting Business for Sale in Ottawa

  • Very profitable electrical contracting company for sale, established in the Ottawa area for over 30 years
  • Company has a multi-year track record of profitability; average owner(s) discretionary earnings over past five years is approximately $1.2M. Average revenues over past five years is approximately $7M
  • Business has a booked backlog of approximately $2.5M since January, 2023
  • Business primarily provides electrical design-build, installation, maintenance and repair services in the residential, commercial and industrial space
  • Benefits from long-standing business relationships with general contractors and owners in the greater Ottawa area developed over many years of business history that leads to regular ongoing revenue
  • Business is on the preferred and prequalified vendor list for many clients, almost 90% of revenue is generated from repeat work
  • Business has a core staff of 6 office and 7 FT unionized field staff not including the business owner
  • The owner’s key role is to oversee operations, project management, estimating, manage client relationships and staff
  • The owner has been semi-retired for the last several years, when working full-time average annual revenues were approximately $12M with peak revenues of $20M. The owner is now looking to fully retire hence looking to sell the business but is willing to stay in a consulting capacity to assist with the transition of the business